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May 13, 2013 12:30am PDT
is the best way to invest right now? the foreign policy expert who says we need to fix what is broken at home first, and why the biggest threat to america is within our borders. it's not what you might think. >>> plus, mario batali's secret sauce. the celebrity chef's expanding empire, and his recipe for success. "on the money" begins right now. >> this is america's number one financial news program, "on the money." now maria bartiromo. >> here is a look at what is making news as we head into a new week "on the money." it is the stock market rally that just won't quit. for the first time ever on tuesday, the dow jones industrial average closed above 15,000 and then continued up again into more record territory on wednesday. both days setting all-time highs. the s&p 500 also hit an all-time high on tuesday, closing above 1600. it climbed again on wednesday. the markets took a breather on thursday, but rebounded on friday. we're at the tail end of earnings season. disney and news corp. has better than expected as did media company am c/net works. another sign in the housing comeback, foreclosur
May 12, 2013 7:30pm EDT
book, foreign policy begins at home. the case, we're putting america's house in order. richard, good to see you. >> thanks for having me, maria. >> it's an intriguing title and you say the biggest threat is not from abroad but within our own home. what do you mean by that? >> two things. first of all, there's nothing abroad that's anything on the scale, say, of nazi germany or the soviet union. we face challenges abroad but nothing is existential. secondly, if we put our house in order, growing at our rate, twice our current rate, deal with long-term entitlement challenges, fix schools, infrastructure and everything else holding us back, we'll have the resources and the capacity, not just to be competitive, but to dough vote the resources, say, to military and foreign policy to discourage a competitor from emerging or if one does emerge, we can take care of it. >> the issue is we're always talking that money is tight. we have infrastructure needs in this country. needs in terms of investing in education. investing in the country. and yet, we keep hitting a wall because of the entitle
May 12, 2013 4:00pm PDT
-independent, but we're moving towards self-sufficiency. it shows the linkages between what happens here in our foreign policy, what happen there's and our abilities to succeed here at home. >> i love it. i think it's a great story. let me get your take on what is going on in some of these hot spots. >> sure. >> in the world like syria, which seems to continue to disintegrate, like north korea, which seems to continue to have more threats against the americans. what is your take on these hot spots? >> well north korea, the real question is whether china is going to use the influence it has to keep the north koreans under control. over the last few weeks, we've seen a little bit of that. north koreans have been barking a lot, but we've not seen a real outbreak of violence. i think it's because the north koreans understand the next korean war will be the last, that the united states and the world are not going to live with this kind of a north korean threat. syria is more difficult. i would say there the united states needs to continue to get involved. but there also needs to be a ceiling on what it is w
Search Results 0 to 2 of about 3